Every now and then, a stock market verdict on a blue chip is so severe that the market capitalization meltdown enters history books. Thus it was for arguably the bluest of blue chips – Apple .

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Apple Inc has seen $ 280 billion in m-cap go up in smoke in 444 days -during the period from February 23, 2015 to May 12, 2016.

FILE - In this March 21, 2016, file photo, Apple CEO Tim Cook speaks at an event to announce new products at Apple headquarters in Cupertino, Calif. On Tuesday, April 26, 2016, Apple reported that quarterly revenue fell for the first time in more than a decade, as iPhone sales fell compared with a year ago. That's putting more pressure on the world's most valuable public company to come up with its next big product. (AP Photo/Marcio Jose Sanchez, File)
FILE – In this March 21, 2016, file photo, Apple CEO Tim Cook speaks at an event to announce new products at Apple headquarters in Cupertino, Calif. On Tuesday, April 26, 2016, Apple reported that quarterly revenue fell for the first time in more than a decade, as iPhone sales fell compared with a year ago. That’s putting more pressure on the world’s most valuable public company to come up with its next big product. (AP Photo/Marcio Jose Sanchez, File)

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Apple’s m-cap meltdown is the third largest globally for private companies. Microsoft’s $392-billion m-cap fall in 359 days during the 1999-2000.

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Trust a Chinese state giant to have the world record in m-cap meltdown — PetroChina , the state-owned oil and gas behemoth, which was the world’s first company to pass $1 trillion in m-cap, lost $750 billion in just 357 days in 2007-08, in the great Chinese stock market crash



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